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stock exchange. carl quintanilla is live where research in motion is holding their blackberry 10 launch today. let's look at futures and how we're setting up for the day. we saw a bit of a reversal on the gdp numbers, the first contraction since 2009. now we're in negative territory. as for europe, confidence coming in stronger in the real star here. the euro topping 135 for the first time since april 2010. and strengthening even more after the gdp release. overnight in iasia, the nikkei p from 2010. the road map starts with the markets. today may be the day some milestones are hit. we're just about 2% away from dow 14,000. a level we have not traded above since october 17th, 2007. the s&p 500 less than 4% below its october '07 record high. can the bulls overcome the news of the surprise contraction in gdp. >> anticipation building, at least certainly here for research in motion. that being the blackberry 10, will it be enough to sustain the run. we'll take a look. >> amazon shares rocketing higher this morning. investors looking past the revenue and weak guidance, focusing instead on t
must act. >> we used to love our blackberries, now the company is moving into smart phones. we love them, too? welcome to our viewers on public television in america and around the globe. the war in syria is more complicated after israeli warplanes struck a military target inside of syrian territory. there are conflicting reports about what it was. and military research facility was hit, but that has been disputed. there has been no official confirmation from israel. i spoke to the chief international correspondent a few moments ago. what can you tell us about what was hit? >> we had two different accounts. we had reports that israeli jets for the first time had bombed a convoy of weapons heading from syria towards lebanon to support hezbollah. hezbollah has been expressing its concern in recent days and it sent its military intelligence chief to washington where he will express concern about chemical weapons from syria of going into the hands of hezbollah. on the nighttime news, they were taking satisfaction in the fact there had not been any verbal response from damascus or hezbol
from our blackberries. it was not so long that those nifty devices ruled the mobile world. as smart phones spread, blackberries died. now, research in motion with light to change that by rolling out their new phones and changing the company's name to, what else, blackberry. will it be enough to stage a come back? >> once, a coveted status symbol. the blackberry has had many faces in the decade since it launched. it lost its way and rivals have the muscle then on the area is dominated. on the arean they dominated. the chief executive unveiled what could be the company's last chance for survival. its newest operating system, as well as two new phones. here it is, the new blackberry 10. it looks a lot like an apple iphone 5. it does have a few new features. this is one of them. it is a one-stop shop for all of your messages. you can access your e-mail, facebook accounts, twitter. all that is delivered right here. this is really their last chance. >> it is very important. we want to prove to the market that we can build exciting smart phones. >> of course, blackberry has a lot riding on
spend more you get more. stuart: it is do or die date for the blackberry. the company rim unveils the blackberry x half-hour from now. here are the shares as they open up a little bit, close to $16 a share. they fall in the last couple weeks but today almost 16 prior to the launch of the blackberry x. let's go to tech guru fox and friends host claymores who is at the blackberry event in new york. do you know enough about this thing? you know enough about it to say this is going to save blackberry? >> they have an enormous hill to climb. i always like to be a little conciliatory, it could be the device that ends up saving blackberry. they have an enormous skill decline because mobile phone space, all about you have to wow all consumers will there be enough new features to all consumers? stuart: i disagree with you. the blackberry is a business. i have got one, fox has won and we use them for e-mailing and texting. that is what we want them for. >> is that enough? think about there are enough enterprise folks, and installed base of eighty million users but you need to attract new us
the blackberry ten. a band-aid for a gaping head wound. connell: i love name changes. dagen: let's go to nicole petallides at the stock exchange. good morning. nicole: let's talk about the markets. the dow is down about 14 points right now. we have had the dow not too far off of 14,000. there are five year highs that we are sitting at. the dollar had broken through. you have seen the euro at 13 month highs. with this environment, you are seeing gold up $20. this is the market taking a breather. it does not surprise people on wall street. let's take a look at chesapeake energy. we know that the ceo will be stepping down on april 1. there it is. up 5.5%. what is the potential going forward? it is what you should continue to follow. back to you before thank you, nicole. contracted for the first time in years. peter, good to see you. the ten year treasury yield is about 10%. the markets barely selling off. what do you say? >> they need to worry. it is interesting that the last quarter of the avant-garde is the weakest of his presidency. it shows me that the temporary euphoria of the stimulus is hol
: and rim, rolls out the new blackberry 10, a new name, and a new ticker symbol, we look at what's riding on all those bold moves. >> tom: that and more tonight on "n.b.r."! >> susie: the federal reserve said the economy "paused" in recent months, so it's keeping its key interest rate near zero. the decision from policymakers today came on a day of mixed reports about the u.s. economy. on the jobs front, a strong payrolls report showed private employers added 192,000 jobs in january, much more than economists expected. but the commerce department said economic growth, contracted in the last three months of 2012. the g.d.p. shrank by 0.1% the first time that's happened since the financial crisis began. the fed said in its policy statement today that it continues to see "downside risks" to the economy. unemployment is still "elevated". but household and business spending advanced. >> susie: darren gersh begins our coverage with that weak reading on the economy. >> reporter: last quarter, defense spending fell off the fiscal cliff. as lawmakers bickered, manufacturers who make things for th
. in today's cover story, name changer at "blackberry." will the corporate makeover help to turn around the company? bulls and bears are at odds over the dow's chances of heading above the critical 14,000 level. plus, the co-ceo of whole foods dishes about hot corporate topics. and, can zombies bring new life to the box office? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's thursday, january 31st, the final trading day of the month. in today's first look: stocks pull back. the dow toned down its march to 14,000. traders and investors took money off the table as gdp came in weaker than expected for the 4th quarter. instead they put money into gold and oil. facebook's wild night: shares initially dropped 10% on earnings that topped wall street's expectations, then turned around and rallied back with a gain. as lawmakers consider gun laws, the nra reports membership is up a half million people, and the campaign to prevent gun violence reports recently raising $5 million. and time magazi
again. and then we have blackberry. investors not impressed. i can hear her saying it is painful. look at how the shares reacted to the news. initial problem that investors had, you cannot buy it until march. we will see where that stock actually opens in just a couple of minutes. the economy shrinking the president claims anyone and everyone. what does donald trump say all about that? he weighs in right after the opening bell. i will beg him to say yes, please, buy it. he is next twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ stuart: thursday morning. the market opens with the dow about 250 point
blackberry today in the technology world. rim unveiled its long-awaited new operating system, known as blackberry 10. the platform will run two new phones: the z10 and q10. but, there will be some delay before american users can get their hands on either of the devices. suzanne pratt reports that blackberry 10 is too little, too late. >> reporter: this is rim's hope for the future. complete with a 4.2 inch screen, the sleek, elegant new smartphone runs on a new operating system, known as blackberry 10. the so-called z-10 phone has a touch screen, while the q10 has blackberry's traditional physical keyboard. and, if you wondering how important they are to rim, consider a separate announcement its c.e.o. made today: >> from this point forward, rim becomes blackberry. it is one brand, its one promise. >> reporter: the one promise that blackberry fell short on was timing. the z10 will not be available in the u.s. until mid-march, the q10 will launch globally in april. those delays disappointed investors. >> there's a short window of opportunity. remember samsung is getting ready for its
.i.m.m. reveals its much-hyped blackberry 10. we'll have a preview. >> susie: technology stocks led the way higher on wall street today, ahead of those apple earnings after the bell. ibm and google helped fuel the tech rally, thanks to their strong results last night. the dow jumped 67 points, the nasdaq added 10, and the s&p was up two points. also powering the rally, news that washington lawmakers passed a short term debt ceiling deal. the u.s. house of representatives gave the okay to a republican plan to suspend the debt limit until may 19. democrats in the senate now say they'll pass it too. darren gersh reports. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick and said a 90 day re
the blackberry was the cool device to have. after years of falling behind the iphone and the droid, blackberry is unveiling two new smartphones, including the ones we have here. a lot of reviews of these devices are very good but people are asking whether this can be cool enough to get blackberry into the smartphone game. we have the company's ceo live and will ask him these questions. >>> later, jason bateman stops by to talk about his new movie. we will get a sneak peek at tonight's "30 rock" finale. jane krakowski is here as we say good-bye to here. >> a major guest star will be on that program internet. we'll save that for later. >>> let's start with those powerful overnight storms. good morning. >> good morning, matt and savannah. again, we're talking a massive tornado. this may be rated an ef-4 when all is said and done. you dcan see how huge it is on the ground. let's look live in adiresville, georgia. you can see the destruction it left behind. at least one fatality and the aftermath as rescue workers got to the scene. one area where 100 people were trapped inside a factory, causing bi
and that they are going to change their name it blackberry as well. >> yes. that will take getting used to. here is the first blackberry 10 phone that's out. pretty sleek device. a lot of tnalyzz, both interus try analyst and stock analyst, positive on what rim rim has come out with so far. we will talk about next steps for them. z-10 arising in some markets. comes to the u.s. in early march. alicia keys has come on with rim, as creative director. we will see with what they add. also, blackberry devices throughout the year. not just this one, a keyboard and also trying to bring in lower priced blackberry 10 devices to expand the market. we will see if they are able to come out with those. big question for me in this and affecting the stock longer term is which consumers will bite. will it be the former core customer in the enterprise? mainstream consumer? we will have to see, sue. >> indeed. that's a good question. >> thank you very much. the question everyone want to know is whether the blackberry is a game changer. joining us on the phone is senior tech analyst with ag. nice to have you here.
of the smartphones just five years ago. blackberry was huge representing 20% of all smartphones. not so much today. the number has tumbled to 6%. the company's stock has tumbled down 80%. that, my friends, is what you call triage. so in an effort to stop the bleeding, blackberry's maker, a company called rimm, just unveiled blackberry 10. i can't wait. it's going up against the android and the iphone and every other phone whipping its butt. they are buying a platinum super bowl ads that are 4 million bucks for 30 seconds. ali velshi got his hands on the new blackberry 10 and been test driving it for a week. this is what he thinks. >> no buttons may not be news to you but big news for blackberry users, many of whom won't know what to make of the z-10. canada's research in motion is counting on this virtual phone to allow it to live to fight another day. after a year long delay and years of neglecting the onslaught by apple and android based phones, they unveiled the new operating system and the first phone to run it. as a longtime blackberry user and hard keyboard lover, i've been evaluating the ne
aerospace giant kne problems for the dreamliner. >>> and margins better than expect expected for blackberry. it -- for amazon. it's wednesday, january 30, 2013. and "squawk box" begins right now. >>> good morning, everybody. welcome to squaw"squawk box" he cnbc. today we have the four bs -- ben bernanke and the fomc holding their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitative management associates and dan greenhouse of btig will be serving up the markets for us. fed watchers will
're talking about the iphone 5. you're waiting for 5. >> you'll about the 10, ladies and gentlemen, blackberry 10. is it the rim lazarus move? >> we saw stocks get whacked yesterday. >>> in corporate news, a couple of things to keep an eye on in markets. the italian oil contracting giant, one of the biggest by market cap, pointed to shed up to 4 % this morning. this after much more cautious guidance and a big change in price target from barclays which lowered 45%. it's taking down shares of saipem. you see yesterday, closed now, down 3.5%. meanwhile, ne down 3% to 4 after being lowered on the market, italy's other major oil company. >>> and the fiat ceo saying 2012 results in line with expectations. and the group is doing well. he would say that, i suppose. maserati will start the car production -- maserati doing quite well. >> would you like to give that a whirl? >> a little spin. yeah. they do particularly well. they reinvented the four-dour parts car, then the astin. >> see if it will help shares there. >>> and on the show, we'll head to san francisco ahead of facebook's earnings. we'll spe
. the company changing its name to blackberry effective this coming monday unveiling its highly anticipated operating system and new smartphones. not a warm welcome from investors. jon fortt at the event and joins us with more on the big bet. jon? >> reporter: maria, there's often a sell on the news effect with these events and also the reviewers, pretty universally positive on this device, but of all the reviewers i spoke to, i said would you dump your current phone for it? he said, i don't know. there's a question is this good enough? the u.s. launch comes in early march. that's a positive. it's not a thing where they are announcing it and maybe we'll get it in six months so that's good and alicia keys is joining rim as areat director. i spoke to torsten heinz in the last hour about what that means. he said she will be working on a project basis and will marshall troops behind her and bringing her message to the world. maybe that will help turn things around. more devices are coming this year. they will try to bring the bb-10 operating system to lower price points. maybe that expand the m
on her face. also in the program, aaron has the business news. blackberry is fighting back today? >> it does not get bigger than this. it is make or break for the company behind blackberry. today they unveil this beauty. for the company that has lost 90% of its value in the last few years, is this enough to turn around the fortunes? >> is 12 noon in london, 7:00 a.m. in washington, 2:00 in the afternoon in syria. government forces operating on an unprecedented action. rebels are also fighting back with evidence of how -- with evidence uncovered by the bbc. they are constructing homemade bombs. the rebels claim they are -- that are contributing to the success of their mission and to deny that civilians are at risk. james, tell me some more about what you have uncovered. >> we have a look at bomb making with the rebels. following quite a long process in their workshop. the rebels want to show that they can make use of whatever resources they can and that they can get the ingredients to make serious bombs. at night, my colleagues and i were invited by a group of rebels to look at th
blackberry 10 device. coming up in minutes. the ceo thorsten heins. melissa: and it turns out japan's two largest airlines have had problems with the dreamliner battery long before the issue. time for stocks as we do every 15 minutes, let's head to the floor of the new york stock exchange. nicole petallides. those gdp numbers keeping the dow away from 14,000. nicole: they certainly did throughout the morning. it brings concern when there is no good gdp numbers. there has been less on defense and concerns, let's take a look now, much like we have seen recently where the dow goes over that one change line over and over again. today seems to be no different as we are back in positive territory. we haven't taken out our highs we saw yesterday, five year highs for the s&p 500, dow jones the thrills, russell 2000. we have had a lot of names and a lot of these indexes hitting these highs we have not seen since 2007. that being said, still concerned about the economy and jobs. the market has been running up, lots of traders say it is time to take a little bit of a breather, or we overbought at th
of billions of animals every year. >> also ahead blackberry finally unveils their new smartphones, but will they be enough to save the company? >> also up next a very unusual situation >>> possible jury misconduct in the trial of a former culpeper police officer could lead to a mistrial. daniel harmon-wright was found guilty of manslaughter yesterday and the jury was supposed to recommend a sentence today. >> but the juror's alleged misconduct involves of all things the use of a dick armey peggy fox with more from casement -- dictionary. peggy fox with more from culpeper. >> reporter: the jury was told only to rely on the information provided, so when two dictionaries and a thesaurus were found last night in the jury room each juror was brought in for questioning. the judge and attorneys wanted to know if the jibs' helped them decide if the -- dictionary helped them decide if daniel harmon-wright was found guilty for manslaughter in the shooting death of patricia cook. last friday the jurors toured the scene. six jurors admitted to looking up the word malice or malicious. at leas
. >>> and business news. >> research in motion unveils the new blackberry 10. this is not it. but r.i.m. shares up 2% in the premarket. we'll tell you about the blackberry 10 smartphone wars. you're watching "starting point." twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>>
update. >>> plus reinventing the blackberry. how the new folks shape up in this evolving world. >>> making sure cars and cyclists are getting along and sharinged road. >>> severe weather is pounding parts of the south right now, and now it's all heading our way. >> this is cell phone video capturing a like tennessee, kentucky. these storms destroyed homes, knocked down trees, left thousands without power. >> there are also at least two deaths reported this evening. doug has a look at our area. >> all stemming from this system. we have brand-new video. look at this video, simply amazing what you're looking at. here you can see that clearly defined funnel as the tornado touching down. this tornado moved through that region, and then it looks like it may have toughed down two to three other times. do we have a tornado threat here? yes, we do. is it a high threat? no, it is not. that's not going to be or scenario. our scenario will be that of strong winds and straight-line winds, gusting over 50, maybe 60 miles an hour. louding county, northwest portion. places have seen upwards of
. it's finally here. a preview of the blackberry ten later in the show. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! [ angry gibberish ] [ justin ] mulligan sir. mulligan. take a mulligan. i took something for my sinuses, but i still have this cough. [ male announcer ] truth is, a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ angry gibberish ] [ fake coughs ] sorry that w
guys, we appreciate it. see you soon. okay, blackberry is getting crushed today. they are saying that buying blackberry is like buying a hewlett-pack charles: it's the tale of two technology companies. one looks like it's on the comeback and the other not so much. facebook link in nearly $1.6 billion of revenue. slightly higher than analyst expectations. new software and new phones. what it will take for the company to survive. bob, i don't know, wall street in like this either. >> it's a sad tale. if you go back 2004, this company was getting a great start, but stock prices were $13 per share, early 2008, it was $130 per share. today it is around $13 per share and falling fast. the core problem is that what they just announced it should have been announced in 2007 or early 2008. they have completely missed a technology inflection point, mainly touchscreens and the like. so it's a sad tale. >> by bob's not they are about six years behind. is it too little too late? >> well, when you look at that, when you look at the ceo comments out of the mel brooks western comedy where you hav
you soon. okay, blackberry is getting crushed today. they are saying that buying blackberry is like buying a hewlett-packard. and this woman is trying to get taxpayers to pay for her sex change operation. and guess what? she has a case ♪ making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. charles: it's the tale of two technology companies. one looks like it's on the comeback and the other not so much. facebook link in nearly $1.6 billion of revenue. slightly higher than analyst expectations. new software and new phones. what it will take for the company to survive. bob, i don't know, wall street in like this either. >> it's a sad tale. i
personal plea. >> it will be hard but the time it is now. you must act. >> we used to love our blackberries, now the company is moving into smart phones. we love them, too? welcome to our viewers on public television in america and around the globe. the war in syria is more complicated after israeli warplanes struck a military target inside of syrian territory. there are conflicting reports about what it was. and military research facility was hit, but that has been disputed. there has been no official confirmation from israel. i spoke to the chief international correspondent a few moments ago. what can you tell us about what was hit? >> we had two different accounts. we had reports that israeli jets for the first time had bombed a convoy of weapons heading from syria towards lebanon to support hezbollah. hezbollah has been expressing its concern in recent days and it sent its military intelligence chief to washington where he will express concern about chemical weapons from syria of going into the hands of hezbollah. on the nighttime news, they were taking satisfaction in the fact there ha
, and research in motion coming out with its new blackberry 10. starting with amazon, would you be a buyer of this stock? > > i am not going to comment whether i would be a buyer or a seller, but it is a perfect example of while they missed everywhere except for operating income, they plow the cash back into the business, they have bazos at the helm, and the bottom line is that the stock was pricing in a potential move of $20. that's what the options marketplace was telling us into the event last night, and we saw that after hours. again, i think we are going to watch a classic squeeze going into the open today. some of those shorts came in and were doubting what amazon was doing, and it is going to be an interesting story. > and what about research in motion? > > research in motion, again, has a priced-in going into their new release of the new blackberry. i no longer use a blackberry, i am actually moving to apple, believe it or not. but the new blackberry is coming out, and if you look at the options marketplace angie, they are pricing in a potential of roughly around an $8 move going i
for the blackberry. the new phones are running a new operating system but they have changed their name to blackberry. the first phone could be too late for blackberry. >> it is probably not enough to bring back all the people that once used blackberry. some will love it for the new features but a lot of people are happy with their iphone and droid phones especially for their apps. >> it will not be available until mid-march. those the tech >> novato, oakland, sunnyvale, and all bay area, this is abc7 news. >> we are on this thursday morning and this is ballot against a huge fire in wisconsin, burlington, wisconsin , which has risen to eight alarms now. firefighters from two states are here. it is at a food processing plant and started at 6:15 last night and it is still going on, at least part of it this morning, and you can see the firefighters are braving cold temperatures and snow there. >> the academy of art san francisco has until today to meet building code requirements or pay major fines. the city issued violation notices for 22 properties owned by the school. problems include operating a scho
for new options out there. they are operators eager for blackberry 10 but too soon to see exactly how that will fare. asked him about the tablet market, the ipad mini starting to come out with lte units getting broader geographic distribution. qualcomm chip sets not in that, but that's not pointed out quite yet. >> big move in qualcomm. thanks a lot, jon, we'll be watching that. a lot more market moves after the break. stay with us, and then it's not a some by apocalypse, it's the refi apocalypse. some analysts say it's upon us. find out why and who is in danger next. and everybody is waiting for the great rotation from bonds to stocks, right? but it's not happening yet. coming up the bond queen alexandra lebenthal will give us her take on why bonds are doing so well and how long it will last. stay with us. [ male announcer ] at northern trust, we understand that if you pick three people, odds are they'll approach everything in their own unique way -- including investing. so we help clients identify and prioritize their life goals. taking that input and directly matching assets and ri
. >>> and after months of delays, this is a big moment. it's finally here. a preview of the blackberry ten later in the show. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. but lately she's been coming in with less gray than usual. what's she up to? the new root touch-up by nice'n easy has the most shade choices, designed to match even salon color in just 10 minutes. with the new root touch-up, all they see is you. >>> prostitution and politics. senator bob menendez is denying claims of a campaign donor, provided him with prostitutes, potentially underage, while he was in the dominican republic last year. now, the senator's denial comes just hours after the office was raided in miami. susan candiotti is "outfront" with this story. what are you learning about this investigation? >> hi, erin. the allegations involve who paid for trips he took to a luxury resort in the domini
is that is all about. we'll be right back.  >>> in today appear business beat, blackberry attempts a 10th yep ration makeover and a frozen pizza fight. lauren simonetti is live with these stories. first, we'll talk about the market. good morning to you. >> good morning. >> so let's start off talking about the markets before we get to these other fascinating stories. we always keep youent it be ad. yesterday was the biggest drop for the s&p all year. age down six points. still above 1500. we like that level but it was down and it is down again this morning. so is rest of the market i call it the fourth quarter fizzle. gdp at the end of last year contracted unexpectedly. the first shrinkage since the summer of 2009. about these things, the fed says, all right, well, the weather was bad. we had a storm and everything else so these are some of of the reasons why the economy is slowing down just a little bit. >> all right. that is some good information. let's talk about this blackberry makeover real quick. explain what is going on now with blackberry. >> research in motion, the company
to see the newest blackberry devicees. a note on rim saying we see limited scope in the hyper active limited. and you see price line after the monster run yesterday. qualcomm, leader in mobile chips face, solid beat and thanks to an uptick in the smart phone division. back to you, sue. >> thank you, seema. let's see how yields are performing. rick santelli at the cme for us. hi, ricky. >> i guess all you need know is 1, 2 -- 2%. that's where we are camped out. if you look at at a chart going back it december 31st, it jumps out at you that here is where we paused. now up 23 basis on the points of the year which happens to be the month of january. if we look at the dollar index, one would think with rates moving up, maybe doing better but not the case. some of those rules don't work as well as they used to. if you look at year to date of the dollar index we are now down on the year. open it up to october. see where it blows dollar index prices, since october. maybe thank quantitative easing for that. what happen whes treasure agts start to move up? good credit, relatively speaking. ris
phone, they had a blackberry. could those days actually return? more on the company's comeback attempt it is launching today. ♪ good morning, turtle. ♪ my friends are all around me ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards!
different note, remember when the blackberry was a cool device to have? after years of falling behind the iphone and droid, blackberry is unveiling two new smartphones, including one we have right here. a lot of the reviews are very good, but people are asking whether this can be cool enough to get blackberry back into the smartphone game. we've got the company's ceo joining us live. we'll ask him that question. >>> later, jason beatman stops by and a sneak peek at "30 rock." we say good-bye, kind of an end of an era around here. >> major guest star on that program tonight, we'll save that for later. starting with the powerful storms, al roker is strtracking them. good morning. >> good morning, matt and savannah. massive tornado, may be rated an ef-4 when all is said and done. you can see how huge it looks on the ground. let's look live right now in adairsville, georgia. you can see some of the destruction that was left behind, at least one fatality in this system. we look at some of the aftermath now that went on as rescue workers got to the scene. there was one area where 100 people were
of blackberry attend lunches today. is it too little too late? or will this did research in motion back in the gang. reviewers like the browser split speed and the keyboard on rims and you touch screen. a feature called the black berry balance, which keeps corporate and personal data separate. where am stock was at 144 a share in 2008. if now is trading around 15 bucks a share. >> u.s. transport safety regulators have asked boeing to provide a full operating history of the lithium-ion batteries that were used in its 787 dream liner is. then end-t-s-be made the request after becoming aware of battery incidents that occurred before january the seventh. battery fire in a 787 park at a boston logan international airport. all nippon airways says that it has replaced the batteries on is 787 aircraft 10 times because they felt to charge properly or showed of the problems, and informed a bowling about the swaps. all 50 of the boeing 787 is in use around the world have been grounded. >> we're also watching bay area weather. here is a live look from the bay bridge toll plaza. in berkeley today, y
to decrease. >> the blackberry! they're desperately trying to make a comeback. they have reinvented themselves. coming out gabe slate tech report. >> gary: , ga we will speak to steve young. the last man who guided the san francisco to a super bowl. and a mistake made by a player, later. . presents real big deals of the week. or how to get great prices on things you need. we know you look around for the best deals. that's why we give you real big club card deals each week. right now best foods mayonnaise is just $2.77. so pile it on. pizza is served. digiorno pizza is just $3.88. and here's a treat. dreyer's ice cream is only $2.88. real big deals this week and every week. only at safeway. ingredients for life. >> the blackberry q 10 and10 >> pam: black-berry held a press event today in new york. to stage the company come-back. the newly re-christened company, unveiled two new new operating system. kron 4's tech reporter gabe slate. gives us a closer look blackberry's "hail mary" attempt to fight off sluggish sales. they are trying to change their image and they're betting the farm on these im
and blackberry unveils a new smartphone. ashley morrison is here in new york with more on that. good morning, ashley. >> and good morning to you, anne-marie. well, boeing apparently knew about the problems with the batteries on their dreamliners. nippon airways said it replaced ten lithium ion batterers months before it made an emergency landing and told boeing about it but not federal investigators. the ntsc said tuesday it's now conducting a microscopic investigation of the battery. >>> stocks in asia rallied on promising growth data in china. tokyo's nikkei gained 2% while hong kongs he hang seng added half a percent. housing prices host add biggest jump in six years. it added 72 points tuesday to close at 13,954. that's only 210 points away from its all-time high set in october of 2007. the nasdaq fell slightly. >>> amazon.com posted its fourth quarter earnings yesterday. the holiday season helped them jump 22% but profits fell 5% short of analysts' expectations. however, investors didn't seem to care. in after-hours trading stocks went up more than 9%. >>> and the
issues for the dreamliner and blackberry unveils a new smartphone. ashley morrison is here in new york with more on that. good morning, ashley. >> and good morning to you, anne-marie. well, boeing apparently knew about the problems with the batteries on their dreamliners. nonaupon airways said it replaced ten electricity onbatteries months and told boeing about it but not federal investigators. the ntsc said tuesday it's now conducting a microscopic investigation of the battery. >>> stocks in asia rallied on promising growth data in china. norfolk co-'s nikkei gain 2d% while hong kong's hang seng dropped. it added 72 point tuesday to close at 13,954. that's only 210 points away from its all-time high set in october of 2007. the dmanasdaq fell slightly. >>> amazon.com posted its results. investors didn't seem to care. in after-hours trading stocks went up more than 9%. >>> and the blackberry is hoping for a big comeback today. research in motion will unveil the blackberry 10 this morning, their first new smartphone in a year and a half. the phone has a touchscreen and a new operating sy
patrol is asking for in order to help oakland fight crime. >>> make it or break it day for blackberry. z >>> police in pittsburgh are searching for a person in interest in connection to a fatal shooting at a gas station. that happened at 9:00 yesterday morning. police say a 20-year-old man was stapped standing near the -- standing near the gas pump and walked up and shot him. >> we consider him to be armed and dangerous. we are actively looking for him. anyone with information on his whereabouts we ask that you call us. >>> the swat team surrounded the home where the suspected getaway car was found but fox was not inside. >>> oakland could lose the help of california highway patrol as soon as this week if it doesn't pay the department for its effort to fight crime. chp officers have been patrolling oakland for free but that deal ends this week. this time department wants to get paid. mayor jean quan tells the oakland tribune she hopes to use state grants to help cover the cost. >>> apple wanted the judge to order samsung to pay more than $1 billion the jury already awarded. the judge did
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